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Swiber JMs eye equity injections for new power generation business

New business is key to unlock equity, revenue streams to pave way for restructuring

Published Wed, Nov 1, 2017 · 09:50 PM
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Singapore

SWIBER Holdings aims to sew up a deal to buy out a private-owned player active in the growing gas-fired power generation business.

Its court-appointed judicial managers are seeking to diversify into a new business with sustainable earnings, with an eye on drawing new investments that will pave the way for the restructuring of the beleaguered offshore and marine group.

KEYWORDS IN THIS ARTICLE

Debt restructuring

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